(FREE) UPSC Current Affairs 2024 PDF

(THE GIST OF PIB) Directorate General of Trade Remedies

(APRIL-2024)

Recently, the Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on sodium cyanide (NaCN) imported from China, the European Union, Japan and Korea.

It was earlier known as the Directorate General of Anti-dumping and Allied Duties (DGAD) and was formed in 2018.
It works as a single national entity dealing with all kinds of Trade Remedial measures (anti-dumping, countervailing, safeguard).
It provides a level playing field to the domestic industry against unfair trade practices like dumping, subsidization and surge in imports.

Conducting anti-dumping investigations and recommendations to the Government of India (GoI).
Conducting anti-subsidy/CVD investigations and recommendations to GoI.
Conducting safeguard investigations and recommendations to GoI
Handling litigation matters before CESTAT, High Courts and Supreme Court of India.
Conducting Outreach programmes to create and spread conceptual awareness and explain the workings of DGTR
Exchange of information with the World Trade Organisation (WTO).
Nodal Ministry: It functions as an attached office of the Department of Commerce, Ministry of Commerce and Industry.